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Baffled that they don't already do it via machine-only assembly line...
Regarding the stock ... quite a bounce back the last few days. I would not be surprised to see it come back and revisit 94-95, which was auctioned somewhat poorly today. Other than that, the movement up has been pretty solid and orderly. I did trade it a bit today since it was very directional and strong, but I have mostly stayed away from it for day trades since the split, as volume has been atrocious and it's been rather bland.
Apple partnering with IBM. First Dr. Dre, now IBM. 0 for 2, Apple. Buy the stock of course, because you can't sell stocks, but still--IBM not exactly known for its innovation these days.
iPhone 6 will do well probably, but Apple really needs "the next big thing". I would not short the stock obviously given they have more money than god, but I am not buying it.
Having trouble with your iPhone 5 battery? You might be eligible for a free replacement.
Apple (AAPL, Tech30) said "a very small percentage" of iPhone 5 smartphones may "suddenly experience shorter battery life or need to be charged more frequently."
Don't get too excited just yet. After a year or two, everyone's iPhone battery seems to carry less juice than it once did. But Apple's repair program is limited to certain customers in the United States and China.
Only iPhone 5 smartphones sold between September 2012 and January 2013 are eligible, and only those that fall within a certain range of serial numbers. Apple has opened a website that allows people to determine whether their phones are eligible. (To access your serial number, tap Settings > General > About > Serial Number).
Apple announced an even smaller iPhone 5S battery recall program last year. In June, Apple issued a recall in 37 countries for European iPhone chargers that were overheating.
That article should read "Apple Inc. Stock Falls Because Too Many Damn People Are Long It" ...
Does Apple really care about Samsung though? Maybe, but it does not warrant a $5 selloff in such panic fashion, and it was crapping the bed before their event anyway. Bottom line is that too many people were long this from below $100 and the riffraff needed to get purged. Those who bought around the prior ATH of 100.72 four days ago were probably feeling a little too safe. Surely they'll not let it go below $100 ... and of course, then they wash it out.
Despite the actual company performance and all the fundamental data, the only way people can actually make money on a stock is for it to move up or down. As such, positioning trumps just about everything.
I think its a combo effect. iCloud celeb debacle (even it may be false), Competition, issues with iPhone 6 manufacturing. But I tend to agree, I think this is people seeing some AAPL weakness and getting out of their longs.
